Usha Martin Limited

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USHA MARTIN Date: 27th November 2025 The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 [Scrip Code: 517146] The Manager National Stock Exchange of India

19.3%

Revenue ~30,000 EBITDA per tonne 406 Cr. Consolidated PAT 06 Manufacturing Facilities 19.3% ROCE USHA MARTIN Note: As on 31st March 2025 Investor Presentation | 5 …with diversifie

8%

cations across diverse industries Consolidated Revenue Break-up1 Product Segmentation Others, 8% Wire & Strand, 10% LRPC, 8% Wire Rope, 74% USHA MARTIN Note 1: As on 30th September 20

10%

e industries Consolidated Revenue Break-up1 Product Segmentation Others, 8% Wire & Strand, 10% LRPC, 8% Wire Rope, 74% USHA MARTIN Note 1: As on 30th September 2025 Note 2: For all pr

74%

evenue Break-up1 Product Segmentation Others, 8% Wire & Strand, 10% LRPC, 8% Wire Rope, 74% USHA MARTIN Note 1: As on 30th September 2025 Note 2: For all product segments End Industry

2%

Note 2: For all product segments End Industry Segmentation2 Geographic Segmentation2 Others, 2% Fishing, 3% Mining, 6% Utilities, 3% Engineering, 24% Americas, 9% Middle East & Afri

3%

ll product segments End Industry Segmentation2 Geographic Segmentation2 Others, 2% Fishing, 3% Mining, 6% Utilities, 3% Engineering, 24% Americas, 9% Middle East & Africa, 9% Eleva

6%

gments End Industry Segmentation2 Geographic Segmentation2 Others, 2% Fishing, 3% Mining, 6% Utilities, 3% Engineering, 24% Americas, 9% Middle East & Africa, 9% Elevator, 10% Au

24%

Geographic Segmentation2 Others, 2% Fishing, 3% Mining, 6% Utilities, 3% Engineering, 24% Americas, 9% Middle East & Africa, 9% Elevator, 10% Auto, 6% Crane, 19% Asia Pacific,

9%

gmentation2 Others, 2% Fishing, 3% Mining, 6% Utilities, 3% Engineering, 24% Americas, 9% Middle East & Africa, 9% Elevator, 10% Auto, 6% Crane, 19% Asia Pacific, 12% India, 42

19%

Engineering, 24% Americas, 9% Middle East & Africa, 9% Elevator, 10% Auto, 6% Crane, 19% Asia Pacific, 12% India, 42% Construction & Infrastructure, 10% Oil & O(cid:442)shore,

12%

Americas, 9% Middle East & Africa, 9% Elevator, 10% Auto, 6% Crane, 19% Asia Pacific, 12% India, 42% Construction & Infrastructure, 10% Oil & O(cid:442)shore, 17% Europe, 28%

“crore) 189 192 181 198 174 3,268 3,225 3,474 2,688 2,097 101 1,795 FY21 FY22 FY23 FY24 FY25 H1FY26 FY21 FY22 FY23 FY24 FY25 H1FY26 EBITDA1 (in Rs cr) & Margin(%) 13.5% 14.3% 18.6% 17.2% 17.7% 15.7% 599 598 513 284 384 I I I I I I 318 FY23 FY24 FY25 H1FY26 FY22 FY21 PAT2,3 (in Rs.”

“crore) 424 406 351 291 156 I I 228 I FY21 FY22 FY23 FY24 FY25 H1FY26 Note 1: EBITDA calculated without other income Note 2: PAT from continuing operations adjusted for normalized tax for FY20; FY22 PAT includes exceptional income of Rs.”

“CRORE Operating Cash Flow (% of EBITDA) 123% 78% 38% I ■ 146 217 FY21 FY22 94% 91% 561 541 67% 345 FY23 FY24 FY25 390 II H1FY26 Free Cash Flow 229 177 166 177 107 69 I I FY23 FY22 FY21 FY24 FY25 H1FY26 USHA MARTIN Note 1: All figures mentioned in the slide are consolidated financials Note 2: EBITDA calculated without other income Investor Presentation | 28 Focus on enhancing shareholder value FY25 Rs.”

“ The Board of Directors provides overall ESG and strategic guidance through the Sustainability Council.”

OFFERING WIDE RANGE OF

1

Surface mining

1

Dragline dump

1

Underground mining

1

Fishing

1

Elevator ropes

1

Crane wire ropes

1

Aerial transportation

1

Facilities

1

Core Pillars of Transformation

1

OFFERING WIDE RANGE OF

    Specialty wire ropes High quality wires Low relaxation prestressed concrete steel strand (LRPC) Bespoke and end-fitments, related services ~65 yrs. Rich Legacy 06 Continents ~3,100 Worldwide Employees 3,474 Cr. Consolidated Revenue ~30,000 EBITDA per tonne 406 Cr. Consolidated PAT 06 Manufacturing Facilities 19.3% ROCE USHA MARTIN Note: As on 31st March 2025 Investor Presentation | 5 …with diversified presence across geographies and end-industries  State-of-the-art manufacturing facilities: Ranchi, Hoshiarpur, Dubai, Bangkok, UK and Silvassa  Global Development Center (GDC) at Italy: Engaged in using proprietary design software to develop best in class products  Worldwide network: Extensive and dedicated network spread across the globe enabling proximity to international market  SKUs: Highly customized o(cid:442)erings has led to a broad SKU portfolio serving critical applications across diverse industries Consolidated Revenue Break-up1 Product Segmentation Others, 8% Wire &

Aerial transportation

2 years – 3 years USHA MARTIN Note : Replacement cycles mentioned above depend on the nature of usage Investor Presentation | 12 Focus on services – o(cid:442)ering total solutions to clients Spooling & Cutting of Heavy Reels Mechanical Splicing Testing & Site Inspection Services Socketing Long Splicing 2000-tons Capacity Test Bench Facility USHA MARTIN Investor Presentation | 13 Global ‘close-to-consumer’ footprint Nottinghamshire UK Dubai UAE Ranchi, Hoshiarpur, Silvassa India Bangkok, Thailand Distribution Centre / Rigging

Facilities

• Aberdeen, UK • Ho Chi Minh City, Vietnam • Houston, USA • Al Khobar, Saudi Arabia • Jakarta, Indonesia • Rotterdam, Netherlands • Singapore, Singapore • Perth, Australia • Sydney, Australia R&D Centres: • Concesio City, Italy • Ranchi, India 6 Manufacturing facilities 6 Continents presence 9 Distribution centres / rigging facilities / • 6 Sales o(cid:443)ces in India USHA MARTIN Note : The facilities mentioned on this slide are owned by Usha Martin Ltd., which are additionally supported by an extensive network of distribution partners and outlets both in India and across the world Investor Presentation | 14 Robust R&D and innovation capabilities – (I) Global Development Centre – Usha Martin Italia  GDC has >40 years experience in rope design and application engineering  Actively engaged in designing of wire ropes with a proprietary design software  Responsible for technical guidance on product development, conducting training for customers about rope properties, and managing speci

Core Pillars of Transformation

One Technology Digital backbone One Business Operational e(cid:443)ciency One Leadership Agile & empowered organization One Market One Logistics Market expansion & customer centricity Global reach and seamless operations USHA MARTIN Investor Presentation | 18 Pillar-wise initiatives & execution progress TRANSFORMATION PILLAR KEY INITIATIVES BENEFITS ONE TECHNOLOGY  Digital platforms are being rolled out globally - SAP S/4 HANA for core operations, Salesforce for CRM, and SuccessFactors for HR and talent development  Real-time dashboards and analytics being created a single source of truth for performance tracking Global process integration, improved transparency and data-driven decision-making  Operations have been streamlined by establishing a shared service center in India to transition certain support functions from overseas teams and refocus them on customer growth  Processes have been harmonized by sharing best practices globally e.g., in procurement - strengthening ONE BUSINE

Governance Framework

 Three-tier governance structure: Board → Strategic → Operational levels for sustainability and risk oversight.  The Board of Directors provides overall ESG and strategic guidance through the Sustainability Council.  Sustainability Council monitors ESG progress and reviews key environmental and social initiatives.  Sustainability performance is reported to the Board half-yearly, ensuring accountability and performance tracking. Ethics & Compliance:  Zero-tolerance approach to corruption, bribery, and human rights violations.  All employees trained under anti-bribery and ethical conduct programs. Board of Directors 4 Independent Directors, 3 Whole Time Directors Audit Committee Risk Management Committee Finance Committee Nomination & Remuneration Committee Stakeholders Relationship Committee CSR Committee Sustainability Council Management Team USHA MARTIN Investor Presentation | 37 ANNEXURE Investor Presentation | 38 |38 Usha Martin’s new visual identity Mother brand USHA MARTIN E

About Us

Established in the year 1960, Usha Martin is a leading global and India’s No. 1 specialty steel wire rope solutions provider. The Company is also engaged in the manufacturing of high-quality wires, low relaxation prestressed concrete steel strand (LRPC), bespoke end-fitments, accessories and related services. Usha Martin’s wire rope manufacturing facilities in Ranchi, Hoshiarpur, Dubai, Bangkok and UK produce the widest range of wire ropes that find application in various industries across the world. All of the company’s facilities are equipped with the latest state-of-the-art high-capacity machines to manufacture world-class products. Usha Martin’s global R&D center located in Italy is actively engaged in designing of wire ropes and uses proprietary design software to develop products that are the best in class. The Company also has a comprehensive R&D facility in its manufacturing unit at Ranchi, India. Usha Martin has an extensive and dedicated network of distribution centers located